Statutes, codes, and regulations
New Jersey Administrative Code
Title 18 - TREASURY - TAXATIONChapter 26 - TRANSFER INHERITANCE AND ESTATE TAX
Subchapter 5 - TRANSFERS SUBJECT TO TAX
Section 18:26-5.16 - Proceeds under claim settlement certificates and supplementary contracts

N.J. Admin. Code § 18:26-5.16

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Current through Register Vol. 56, No. 8, April 15, 2024
Section 18:26-5.16 - Proceeds under claim settlement certificates and supplementary contracts

Payments made under a claim settlement certificate or a supplementary contract are subject to the New Jersey transfer inheritance tax, except when they represent a continuation of payments made under an insurance policy on the life of a prior decedent, which life insurance policy provided for such payment at decedent insured's specific directions.

N.J. Admin. Code § 18:26-5.16

Adopted by 50 N.J.R. 1624(a), effective 7/16/2018